Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Business Moves
Mar 12 2007 // Royal Sun, Arrowpoint Capital Delaware Insurance Commissioner Matthew Denn conditionally approved a management buyout of Royal and Sun Alliance Insurance Group’s U.S. operations. Denn ruled that there is no legal or...
EEEC Conducts San Diego Restaurant Enforcement Sweeps
Mar 9 2007 // Investigators with the Economic and Employment Enforcement Coalition (EEEC) issued 23 citations in March to businesses in the restaurant industry. A total of 32 restaurants were visited in San Diego and Orange Counties...
UCLA Study Indicates Most Calif. Workers OK With Workers’ Comp Care
Mar 7 2007 // The vast majority of injured workers in California have access to quality medical care, yet a majority still suffer from injuries even after a year of care, according to a study conducted by the UCLA Center for Health...
Two Arrested in Calif. for Staging Auto Accidents
Mar 7 2007 // Two suspects in California have been arrested in connection with staging automobile accidents and filing insurance claims for medical treatment they falsely claimed to have received in other countries, according to the...
Calif. Man Caught for Arranging “Theft” of Truck
Mar 6 2007 // Investigators with the California Department of Insurance (CDI) Fraud Division have arrested a Newhall, Calif., man for allegedly staging the theft of his high-end pickup truck in a scheme to defraud his auto insurance...
Pacific Coast E&S Services moves to Santa Rosa, Calif.
Mar 5 2007 // Pacific Coast E&S Services has moved to a new office location in Santa Rosa, Calif. . The new address is:2235 Mercury Way, Suite 110 Santa Rosa CA 95407-5472. PHone, fax and e-mail addresses hace not changed.
Calif. Wins $443.5 Million Arbitration Award
Mar 5 2007 // California Insurance Commissioner Steve Poizner announced the Department of Insurance’s Conservation and Liquidation Office (CLO) has won an arbitration award of $443.5 million in favor of the five Superior National...
Calif. Commissioner Appoints Executive Team
Mar 1 2007 // California Insurance Commissioner Steve Poizner has named his 14-member executive team at the Department of Insurance. Earlier in February, Poizner was criticized for naming insurance industry representative, Bill...
State Farm to Distribute $195 Million Calif. Auto Policyholder Dividend
Mar 1 2007 // State Farm Mutual Automobile Insurance Co. announced that auto insurance policyholders in California will receive a dividend 15 percent of their semi-annual premium. The total amount to be distributed is estimated to total...
U.S. Risk Acquires E.M. Morrow Agency
Feb 27 2007 // U.S. Risk Insurance Group Inc. has expanded its California operations by acquiring E.M. Morrow Insurance General Agency Inc., in Oakland, Calif. E.M. Morrow has served the California property and casualty market for 30...
Safeco to cut homeowners, commercial rates across California
Feb 26 2007 // Seattle-based Safeco announced it will be cutting rates for California homeowners in 2007 by an average of 20 percent. The move is expected to affect some 200,000 Safeco home and business customers in California, according...
FEMA tripling Calif. San Joaquin River Flood Plain
Feb 26 2007 // The Federal Emergency Management Agency plans to triple the size of California’s San Joaquin River flood plain on maps, which could limit development and force more homeowners to buy flood insurance. FEMA plans to...
Superior Court upholds CDI homeowner protections
Feb 26 2007 // Insurers may not depreciate the cost of labor when paying on homeowners’ insurance claims, the California Superior Court has ruled. Previously, that practice by insurers forced homeowners to makeup the difference and...
Coming to the Rescue: States get ready to modernize surplus lines regulation
Feb 26 2007 // Bernd (Bernie) G. Heinze, executive director of the American Association of Managing General Agents (AAMGA), recalls a perfect example of the regulatory difficulties the surplus lines industry faces. A colleague at a...
News Currents
Feb 25 2007 // Safeco to cut homeowners, commercial rates across California Seattle-based Safeco announced it will be cutting rates for California homeowners in 2007 by an average of 20 percent. The move is expected to affect some...
Business Moves
Feb 25 2007 // EIG Mutual Holding Co. Nevada Insurance Commissioner of Insurance Alice A. Molasky-Arman announced that EIG Mutual Holding Co., a Nevada domestic insurer specializing in workers’ compensation, has completed its...
Superior Court upholds CDI homeowner protections
Feb 25 2007 // Insurers may not depreciate the cost of labor when paying on homeowners’ insurance claims, the California Superior Court has ruled. Previously, that practice by insurers forced homeowners to makeup the difference and...
FEMA tripling Calif. San Joaquin River Flood Plain
Feb 25 2007 // Parts of the Beachwood-Franklin neighborhood in Merced, Calif., are seen after being flooded from a levee break that occurred on April 4, 2006 . (AP Photo/The Merced Sun-Star, Jack Bland, file photo.) The Federal Emergency...
Coming To The Rescue
Feb 25 2007 // Bernd (Bernie) G. Heinze, executive director of the American Association of Managing General Agents (AAMGA), recalls a perfect example of the regulatory difficulties the surplus lines industry faces. A colleague at a...
Calif. Workers’ Comp Institute Offers Case Law Seminar
Feb 24 2007 // The California Workers’ Compensation Institute has scheduled a one-day case law seminar for April 23 in Long Beach, Calif., and April 25 in San Francisco. The program will examine recent workers’ compensation...
